Regent Park residents finally have a bank in their community, something they’ve wanted for years.

Previously, tenants had to rely on cheque-cashing outlets or walk quite a distance to find a bank. They don’t tend to appear in abundance near public housing neighbourhoods.

Officials with Toronto Community Housing say their research shows there hasn’t been a bank on the Regent Park “footprint” since the housing was built decades ago.

But that all changed quietly a few weeks ago, when the shiny new RBC branch near the corner of Parliament and Dundas opened its doors — a 3,500-square-foot, full-service bank.

The branch, which will have a grand opening event today, is nestled at the bottom of the new One Cole condominium in Regent Park. Both are part of the billion-dollar remake transforming the neighbourhood from concentrated public housing to a mixed housing community.